SkyTrac Systems Changes Ownership

Kathleen Wallace, founder of Kelowna, BC-based SkyTrac Systems, has sold the company to a group that includes Malachi Nordine, SkyTrac’s current director or product development, Stephen Sorocky and Roynat Equity Partners. Nordine who began working at SkyTrac in 2007, will take over as president of the company under the agreement. Sorocky, currently a board member of the Canadian Commercial Corporation. His past experience includes vice president and general manager at Spar Space Systems and CEO at a number of a number of “high growth” technology firms, according to SkyTrac. SkyTrac equipment is installed on several helicopter platforms, including AgustaWestland, Bell, Eurocopter and Sikorsky variants.Related:Avionics News